Vietnam's Overseas Investments Hit US $150.7 Million in Seven Months
US Partners Strengthens Investments in Can Tho City | |
Thanh Hoa Promotes Cooperation in Investments and Trade with Italian Partners |
A total of 64 new projects were initiated, and funds were also allocated to 15 existing ones.
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Vietnamese investors diversified their investments across 12 sectors abroad during the review period. The mining sector led the way, constituting 38.9% of the total investments, followed by the processing-manufacturing sector at 19.2%, and the wholesale and retail sector at 16.4%, according to statistics.
During this period, Vietnamese investments were recorded in 23 countries and territories. The Netherlands emerged as the top destination, receiving 36.2% of the investments, followed by Laos with 24.3%, the US with 12.4%, and Cambodia with 8.2%.
As of July 20, Vietnam had 1,750 active overseas investment projects, amounting to nearly 22.27 billion USD. The majority of these projects, 31.6%, were in the mining industry, while 15.5% were in the agro-forestry-fishery sector.
Laos was the largest recipient of Vietnamese investment, accounting for 24.7%. Cambodia was the second-largest recipient with 13.1%, followed by Venezuela at 8.3%, according to the FIA.
Ambassador Working to Promote Dutch Investments in Vietnam Vietnamese Ambassador to the Netherlands Pham Viet Anh cleared up Dutch investors’ concern regarding Vietnam’s investment attraction policy at “Meet Ambassador 2022.” |
Can Tho City Luring Japanese Investments Can Tho is now home to six Japanese-invested projects worth $1.35 billion, helping Japan rank first in the city in terms of registered capital. |